iShares S&P 100 ETF (NYSEARCA:OEF) Position Boosted by Investors Research Corp

Investors Research Corp lifted its stake in iShares S&P 100 ETF (NYSEARCA:OEF) by 4.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,903 shares of the company’s stock after buying an additional 2,084 shares during the quarter. iShares S&P 100 ETF accounts for approximately 3.0% of Investors Research Corp’s holdings, making the stock its 3rd largest position. Investors Research Corp’s holdings in iShares S&P 100 ETF were worth $13,837,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Midwest Capital Advisors LLC purchased a new position in shares of iShares S&P 100 ETF in the fourth quarter worth $28,000. Arlington Trust Co LLC bought a new stake in iShares S&P 100 ETF in the fourth quarter worth $29,000. New Wave Wealth Advisors LLC bought a new stake in iShares S&P 100 ETF in the fourth quarter worth $36,000. Glassman Wealth Services bought a new stake in iShares S&P 100 ETF in the fourth quarter worth $39,000. Finally, DHJJ Financial Advisors Ltd. bought a new stake in iShares S&P 100 ETF in the fourth quarter worth $42,000.

iShares S&P 100 ETF Stock Performance

Shares of OEF opened at $280.51 on Monday. The company’s fifty day moving average is $292.05 and its 200 day moving average is $285.08. iShares S&P 100 ETF has a fifty-two week low of $233.95 and a fifty-two week high of $300.35. The stock has a market capitalization of $16.91 billion, a PE ratio of 26.23 and a beta of 0.99.

About iShares S&P 100 ETF

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index.